JPMorgan Chase acquires First Republic Bank

JPMorgan Chase, the largest bank in the U.S. with more than $3 trillion in assets, had acquired First Republic‘s $92 billion in deposits and $203 billion in loans and securities.

[waffles]

Nothing says things are going great like big banks gobbling up small banks, centralizing more and more control

[ericckkss]

Thanks for borrowing a trillion dollars now chase can pay me back $5 trillion dollars